> I don't want the administrative workload coming with donations.
It's absolutely shameful that over three decades into the internet age, we still don't have zero friction ways of accepting, sending and accounting for money on the internet.
It's absolutely shameful that over three decades into the internet age, we still don't have zero friction ways of accepting, sending and accounting for money on the internet.
As soon as we're no longer talking about just teenagers on TikTok, but instead about everyone on the Web, regulators are going to want to make sure it's used legally. And we're not talking about one, but theoretically all the jurisdictions at once. Having an open standard for that sounds impossible to me and having a defacto standard corporate service (like if Google Pay became the "standard" for web payments) sounds worse than nothing.
If you're getting "big" donations, stripe or paypal will send you a k1 if you make > 20k. Otherwise there are not really any other administrative things to worry about.
Realistically that's probably 3h of work in a year, but I'd probably pay a bit of money not to have to do it.